CSX today announced third quarter 2021 net earnings of $968 million, or $0.43 per share, compared to $736 million, or $0.32 per share in the same period last year.
Railroads across North American took a moment this week to urge safety around railroad tracks as part of Rail Safety Week. Operation Lifesaver Inc. (OLI), Operation Lifesaver Canada and the Mexican Association of Railroads (AMF) are joining forces for Rail Safety Week across North America. The week runs Sept. 20-26. The annual week-long event raises awareness about the importance of rail safety education and empowers the public to make safe decisions around tracks and trains. “Across the United States Operation Lifesaver state programs will share rail safety messages each day during Rail Safety Week underscoring our core mission – to
Quality Carriers operates more than 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. The financial terms of the transaction were not disclosed.
CSX Corp. will submit an amended and supplemented application to the Surface Transportation Board (STB) as part of the previously announced agreement to acquire New England’s Pan Am Railway’s Inc.
CSX Corp. is acquiring Quality Carriers Inc., the largest bulk liquid chemical truck transportation provider in North America, from Quality Distribution Inc. Terms of the transaction were not disclosed.
The transaction is part of the Commonwealth’s previously announced multi-billion dollar rail transportation initiative to improve service and infrastructure in the state.
CSX Corp. revenue for the fourth quarter decreased 2 percent from the prior year to $2.83 billion. Officials noted its intermodal growth was more than offset by lower fuel surcharge revenue and coal declines.
CSX earned a place on the Dow Jones Sustainability Index (DJSI) North America for the 10th consecutive year and was the only U.S. railroad to make the rankings.